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20130411
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Search Results 0 to 7 of about 8 (some duplicates have been removed)
to have runs. fourth him of the debt ceiling was going to derail our economy for certain, even if we manage to solve the fiscal cliff and the sequester lurked ominously. no matter what deal the politicians made. these would have course throw us off track and cause much higher unemployment. finally, four months ago, fourth quarter earnings, the reports were right around the corner and they were supposed to be, yes, nothing to write home about, or maybe worse, particularly the worldwide slowdown that europe seemed to be mandating, we could have huge downside surprises and the last time we had some pre-announcements -- wait a second. what actually happened? how about we had the best first quarter in 15 years. how is that possible? i think it's because the market has changed its animals. i'm not kidding. investors stopped being scared of washington or europe or earnings shortfalls and they decided to embrace the future, not spurn it. they became like ulysses and his crew, strapped to the mast, oblivious to the sell, sell, sell sirens of the saturnine set. where is sappho when you need h
to have another crisis, a debt ceiling crisis, because if the president thinks the republicans are going to go along with this, if they are going to go along with other sorts of tax increases, big tax increases for minor entitlement cuts, that's not going to happen. i mean, as we were saying before, it's the sequester, the spending austerity, the right kind of austerity, that is helping this economy right now. balanced off by the fed. we're not going to get rid that have and replace it with tax hikes. >> dave drucker, the gop wants to win in 2014, i get that, but if the gop becomes democrats, i don't think they are going to win in 2014. >> well, larry, i think everybody should disabuse themselves of the fact that the republicans are going to sign on to the obama budget in any form as it's presented today, and that they are going to support tax increases of any kind, and if the president thinks that the fiscal cliff deal is a way forward for him to cut more deal with the republicans he's going to be disappointed. not only is it bad for them politically, they simply don't believe in it and
for the first time during the debt ceiling deal and you know, we were in a very polarized state of mind then. it was a very tough situation and gabby's presence melted a lot of frozen hearts on the house floor. and given that we've had someone so close to us affected directly by gun violence, hopefully you know, if there's anybody that can impact a frozen republican heart, gabby can. iรง think also, it's important note, chris, that tomorrow we will dedicate the zimmerman room in honor of gabby's staffer who was the first staffer killed in the line of duty who was killed during the tucson shooting and we'll dedicate that room in the capital visitors' center tomorrow. >> we have seen, some of the newtown victims' families, obviously having an effect, 16 republicans crossing over cloture to start the debate. the emotional appeal on this issue at least right now is paying political dividends. >> it's just common sense. >> yes, ma'am. >> this is beyond emotion, it's common-sense. >> okay, i want to switch to immigration. a topic important to you as a congresswoman from florida. i want to ask you
on entitlements and we have the debt ceiling which we run up against in july again, and all of that is a recipe for a deal and if there is no deal and i am wrong and it doesn't happen, we are in for troubled times. >> the economy is getting worse for ordinary people. >> i don't think you can look at this, what washington doesn't care about is what is happening to the average american, what they are care about. we are told the storm is great because the fed is printing money like crazy. and to build up assets for banks but no one will stand up. what we have is a set of policemen dynamics which are relevant to so many americans. >>gregg: the taxes are kicking in, employers are dropping their obama health care or they are switching to higher workers' contribution and people with their own coverage are paying higher premiums. >> it is already beginning. you can see the unintended consequences. >> contributing to the decline in the president's levels? >> it is only going. for four years, when any us, anyone watching, goes to the drugstore and cannot get something or the price is higher or a doctor i
they have to raise the debt ceiling again or else the u.s. could default on its credit. i think that is the sort of mechanism by which we're going to have more -- somebody is going to have to take some action. the question is how big. the president still on this offensive. i think what we have heard from republicans is they're genuinely impressed that the president has gone to these lengths. he's made them feel comfortable in the meetings but the problem is the president in showing good faith to talk about cutting entitlements and social security, he's angered some democrats and he doesn't have a lot of wiggle room now. he's hoping republicans meet him halfway. the problem still is the taxes. the republicans say they raised it in january. the president got what he wanted, albeit less than he want, but they don't want to do that again. let's have the budget cuts without that. i think that's the problem. as much as the president is wining and dining, i think this is where the sticking point will continue to be. >> you talk about no wiggle room. not only does he have critics on the
're going to get a public policy flare-up like we had in '10 or '11 during the debt ceiling debate or what happened during the whole election process which so influenced business confidence a year ago. so those two factors are better than they were each of the last three years. the growth piece is similar. on balance we think that adds up to something less than those prior three-year corrections. but close to at least last year's. >> there are some interesting calls in that analysis. barry, thank you very much for your time. barry knapp there at barclays. >>> switching gears a bit from the broader markets to technology, specifically apple and its slide back below $400 today. does the news out of verizon offset all the bad news we got from supplier cirrus yesterday. dan niles, is the cio of alpha one capital, he's been negative on apple shares for six to nine months or so. joins us on the news line today. dan, welcome back. >> thanks, carl. nice to be on. >> does any of the activations of the iphone out of verizon negate or offset what spooked us from cirrus yesterday? >> not at all. verizo
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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